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Wells Fargo Lay-Offs
IOWA (AP) --
Officials say Wells Fargo & Co is laying off 263 workers at a credit card call center in West Des Moines. The layoffs are part of a larger corporate move to consolidate the company's call centers. The company said back in July that it was eliminating 58 lay-offs in its home mortgage unit. An additional 85 workers were given 60-day layoff notices in the Des Moines area. The company says the job cuts reflected higher interest rates and the slow pace of mortgage refinancing.
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